SR Basics Long and Short Trades

Technical analysis (TA) focuses on the likely low and high prices for a given period. They become our low-risk entry points and high-yield exit points.

Whether we enter at the anticipated low price or high price for a given currency pair depends on whether we want to take a “long” or a “short” position.

This lesson will help you understand what we mean when we talk about long or short positions or going short/going long.

Related Lessons and Articles

• Resistance & Support
• Support and Resistance Basics
• Advanced SR & Trend Lines
• When to Take Profits